The rewards for the talent badges cannot be revoked due to the fact that you can't normally (that I'm aware of) lose badge points.
Notes: Foreign language strings are not overwritten with this hack, though obviously the new scholarship names will only be in English since I don't speak any other language.
While this hack is something for Uni, it requires at least Open For Business or newer. Well no more! This hack will allow your teens to receive an additional §1,250 for each silver level talent badge they have. Ever wondered why your teens can get money for college for their jobs, grades, and skills, but not their talent badges? Apparently, despite the fact that most talent badges take longer to earn than it takes to earn 8 skill points, EA decided that it's not important enough to recognize.